Technical Analysis

EUR/USD Technical Analysis

(1,3065) The EUR/DOLL confirmed a session of consolidation remaining interior the range of the previous session.

Technical Alert

Yesterday turned out to be mainly a day of congestion and consolidation except for the Scandies that continued to weaken.

USD/CHF Technical Analysis

(0,9313) The USD/CHF confirmed a firm closing while remaining interior the positive outside day with 0,9350 – 0,9195 still the levels to follow in the coming hours.

GBP/USD Technical Analysis

(1,5295) The CABLE confirmed a session of consolidation forming a new inside day with 1,5385 – 1,5205 the levels to follow in the coming hours.

AUD/USD Technical Analysis

(1,0315) The AUSSIE formed a small positive day reversal but only a daily closing above 1,0341 will confirm a s/t bottom.

USD/CAD Technical Analysis

(1,0250) The USD/CAD confirmed a session of consolidation forming a new inside day with 1,0305 – 1,0195 the levels to follow in the coming hours.

GBP/CHF Technical Analysis

(1,4245) GBP/CHF confirmed a strong closing above the top of the previous session that was already a positive day reversal. We may have a s/t bottom supporting further upside potential.

EUR/JPY Technical Analysis

(128,69)The EUR/JPY confirmed yesterday a positive closing while remaining however interior the range of the previous session forming a new inside day

EUR/GBP Technical Analysis

(0,8544) EUR/GBP confirmed a negative closing but it missed a weak one below the low of the negative day reversal. A daily closing tonight below 0,8560 will confirm a negative week reversal!!

EUR/CHF Technical Analysis

(1,2170) The EUR/CHF confirmed yesterday further consolidation interior the inside day with 1,2180 – 1,2125 still the levels to follow in the coming hours.

Asian Currencies Technicals

AUD/JPY: Dips Towards Initial Support. The pair remains little changed from yesterday’s NY close after having dipped a little closer to the initial support during the Asian session yesterday.

GBPUSD still in limbo – awaiting break for confirmation

GBPUSD bears appeared to have an argument with yesterday’s pattern reversal, but today’s action throws things back into doubt a bit,